IPDC signs an agreement with Bangladesh Bank to support CMSEs
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Thursday
July 07, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
THURSDAY, JULY 07, 2022
IPDC signs an agreement with Bangladesh Bank to support CMSEs

Corporates

TBS Report
25 May, 2022, 02:35 pm
Last modified: 25 May, 2022, 02:39 pm

Related News

  • BB asks banks to keep branches open in Dhaka cattle market areas on 8-9 July
  • 100% LC margin slapped to discourage imports of cars, electronics
  • Saeda Khanam promoted to the post of Bangladesh Bank director 
  • SIBL receives sustainability rating recognition
  • Eastern Bank wins BB’s Sustainability Rating Award

IPDC signs an agreement with Bangladesh Bank to support CMSEs

The agreement is aimed at restoring employment, income and economic activities post Covid-19

TBS Report
25 May, 2022, 02:35 pm
Last modified: 25 May, 2022, 02:39 pm
Photo: Courtesy
Photo: Courtesy

IPDC signed an agreement with the Bangladesh Bank (BB) on Tuesday to support Cottage, Micro and Small Enterprises (CMSEs).

The signing ceremony was held for the project 'Refinance Fund for Supporting Post Covid-19 Small Scale Employment Creation Project (SPCSSECP)' at the head office of Bangladesh Bank, said a press release.

Under this agreement, rural entrepreneurs, women entrepreneurs, returning migrant workers and unemployed youth will be provided with financial support at a lower interest rate to start or operate CMSEs.

Project Director and Executive Director of Bangladesh Bank Nurun Nahar, and Managing Director and CEO of IPDC Finance Limited Mominul Islam signed the agreement on behalf of their respective organisations.

The programme was inaugurated by Deputy Governor of Bangladesh Bank Abu Farah Md Nasser.

General Manager, SME & Special Programmes Department of Bangladesh Bank, Md Jaker Hossain; Deputy Project Director of Bangladesh Bank Rojina Mustafi; Principal Financial Sector Specialist of Asian Development Bank (ADB) Dongdong Zheng and Additional Managing Director (AMD) of IPDC Finance Rizwan Dawood Shams were present, among others, at the ceremony.             

IPDC / Bangladesh Bank (BB) / cottage, micro, and small-sized enterprises (CMSEs)

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • FILE PHOTO: British Prime Minister Boris Johnson leaves 10 Downing Street in London, Britain, February 9, 2022. REUTERS/Tom Nicholson
    Boris Johnson resigns as British prime minister
  • Photo: MumitM/TBS
    Energy ministry to recommend reduced working hours, work-from-home to save electricity
  • Passenger dies after helper pushes him off bus following scuffle over fare
    Passenger dies after helper pushes him off bus following scuffle over fare

MOST VIEWED

  • Palli Sanchay Bank donates Tk50 lakh to Prime Minister’s Relief Fund
    Palli Sanchay Bank donates Tk50 lakh to Prime Minister’s Relief Fund
  • Sonali Bank holds 15th AGM
    Sonali Bank holds 15th AGM
  • Photo: PR
    LafargeHolcim continues to support flood-affected families in Chhatak
  • Chevron provides support to flood-hit people in Sylhet
    Chevron provides support to flood-hit people in Sylhet
  • CFA Society Bangladesh gets new office bearers
    CFA Society Bangladesh gets new office bearers
  • Photo: Courtesy
    KFC brings 'Texas BBQ Zinger' in town

Related News

  • BB asks banks to keep branches open in Dhaka cattle market areas on 8-9 July
  • 100% LC margin slapped to discourage imports of cars, electronics
  • Saeda Khanam promoted to the post of Bangladesh Bank director 
  • SIBL receives sustainability rating recognition
  • Eastern Bank wins BB’s Sustainability Rating Award

Features

Farsim is keen on listening to what his clients really want; in this profession attention is key. Photo: Noor-A-Alam

Making it as an audio engineer

6h | Pursuit
Illustration: TBS

Applystart: Helping students navigate the maze of foreign university applications

7h | Pursuit
The sea beach in Kuakata. Photo: Syed Mehedy Hasan

Five places in Southern Bangladesh you could visit via Padma Bridge

1d | Explorer
Genex Infosys Limited is the country's largest call centre with more than 2,000 seats and full-set equipment. Photo: Courtesy

How domestic demand made Genex Infosys a BPO industry leader

1d | Panorama

More Videos from TBS

Load shedding is back

Load shedding is back

7h | Videos
Photo: TBS

Has Russia gained anything in its invasion of Ukraine?

8h | Videos
Behind the story of 'Aske Amar Mon Bhalo Nei'

Behind the story of 'Aske Amar Mon Bhalo Nei'

20h | Videos
Is Donbas Putin’s next target?

Is Donbas Putin’s next target?

23h | Videos

Most Read

1
Photo: Collected
Africa

Uganda discovers gold deposits worth 12 trillion USD

2
TBS Illustration
Education

Universities may launch online classes again after Eid

3
Area-wise load shedding schedule will be announced: PM
Bangladesh

Area-wise load shedding schedule will be announced: PM

4
Padma Bridge opens up investment spree in south
Industry

Padma Bridge opens up investment spree in south

5
Build Dhaka East-West Elevated Expressway, relocate kitchen markets: PM
Bangladesh

Build Dhaka East-West Elevated Expressway, relocate kitchen markets: PM

6
File Photo: BSS
Energy

India pulls out of LoC funding for part of Rooppur power transmission work

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab
BENEATH THE SURFACE
A boat sails through the River Meghna carrying rice bran, a popular cattle feed, from a rice mill in Ashuganj to cattle markets. There are around 250 rice mills in Ashuganj that produce rice bran. The photo was taken recently. Photo: Rajib Dhar

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net